FORESTAR Brokerage Co., Ltd. | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards

CORPORATE EXCELLENCE CATEGORY

FORESTAR Brokerage Co., Ltd.

Information about the Company
The insurance industry of Taiwan has made major developments in the past 60 years and plays an active and important role in local economic development and social stability. While an insurance agent represents only one specific insurance company and sells its policies on behalf of the insurer, an insurance broker represents the clients in their search for suitable policies that are in the client’s best interest.

In 2007, Chairman Liao Hsueh-Mao and a group of experienced elites of the insurance industry founded FORESTAR Brokerage Co., Ltd. (FORESTAR Brokerage), committed to providing its clients with the best insurance policies for them. After 15 years, FORESTAR Brokerage has become the leading brand in Taiwan’s insurance broker industry.

Corporate Culture & Company Activities
FORESTAR Brokerage currently has business locations throughout northern, central, southern, and eastern Taiwan. It has over 3,000 professionals with expertise in insurance and finance as well as a training department that encompasses five colleges and three research institutes, with instructors representing the pinnacle of industry, government, and academia. Through a comprehensive education and training system, the company enhances the professionalism and perspectives of its colleagues, proving with concrete actions that “choosing FORESTAR leads to speedy success”.

FORESTAR Brokerage is not just a symbol of “happiness” in the eyes of its customers. Since its establishment, the company has continuously invested in social welfare. Chairman Liao, as a core member of society, not only focuses on business operations but also emphasizes corporate social responsibility. Currently, he also serves as the Chairman of the Taipei Teacher Chang Foundation and the Vice Chairman of the Chinese Insurance Service Association, leading his company colleagues in actively embodying the spirit of “to take from the community, one must also give back to society”.
Achievements and Impact
FORESTAR Brokerage places great importance on the training of its personnel. The FORESTAR University was established to provide comprehensive training through a systematic curriculum structure comprising five colleges and three research institutes, catering to colleagues of different ranks. Apart from insurance-related content, it includes a wide range of lectures and courses covering finance, management, and operations, allowing its colleagues to continuously enrich themselves and grow during their tenure at FORESTAR Brokerage.

Despite the Taiwanese economy not meeting expected growth over the past three years due to the impact of Covid-19, FORESTAR Brokerage’s business revenue has seen substantial annual growth. In fact, the company experienced a growth rate of 12.08% in 2022 which is the result of its commitment to education and training.

Furthermore, FORESTAR Brokerage is dedicated to offering customers a comprehensive selection of insurance products and serving as the best bridge between insurance companies and clients. Currently, it represents 32 major life and property insurance companies. It strives to find the right products, tailor insurance plans to each customer’s needs, and leverage the strengths of each insurance product. At the same time, FORESTAR Brokerage can stand on the customer’s side, and objectively and fairly supervise insurance companies to ensure quality service for customers. This approach creates a win-win situation for customers, insurance companies, and insurance brokers.

Future Direction
One of humanity’s greatest driving forces is the desire to pursue their dreams, and with the collective efforts of all internal and external partners, FORESTAR Brokerage has established a strong reputation and achieved impressive performance in the market.

The success of FORESTAR Brokerage lies not only in providing a livelihood for all colleagues within the company but, more importantly, in enabling each individual to flourish. Therefore, all members of FORESTAR Brokerage can only continue to surpass their personal limits, surpass its current operations of human resources and performance each year, and continually improve policy retention rates in terms of policy quality. Additionally, in terms of corporate governance, the company intends to strengthen its core functions, thereby, elevating the company’s value.

With a focus on the Taiwanese market and an eye on both sides of the strait as its development goals, FORESTAR Brokerage has become an international brand brokerage company. It will uphold the principle of striving and growing together with Taiwan’s financial and insurance industry, continuously benefitting all customers, insurance companies, and insurance brokers. FORESTAR Brokerage will do its utmost to fulfill its mission as a global citizen to give back to society.

CORPORATE EXCELLENCE CATEGORY

FORESTAR Brokerage Co., Ltd.

Information about the Company
The insurance industry of Taiwan has made major developments in the past 60 years and plays an active and important role in local economic development and social stability. While an insurance agent represents only one specific insurance company and sells its policies on behalf of the insurer, an insurance broker represents the clients in their search for suitable policies that are in the client’s best interest.

In 2007, Chairman Liao Hsueh-Mao and a group of experienced elites of the insurance industry founded FORESTAR Brokerage Co., Ltd. (FORESTAR Brokerage), committed to providing its clients with the best insurance policies for them. After 15 years, FORESTAR Brokerage has become the leading brand in Taiwan’s insurance broker industry.

Corporate Culture & Company Activities
FORESTAR Brokerage currently has business locations throughout northern, central, southern, and eastern Taiwan. It has over 3,000 professionals with expertise in insurance and finance as well as a training department that encompasses five colleges and three research institutes, with instructors representing the pinnacle of industry, government, and academia. Through a comprehensive education and training system, the company enhances the professionalism and perspectives of its colleagues, proving with concrete actions that “choosing FORESTAR leads to speedy success”.

FORESTAR Brokerage is not just a symbol of “happiness” in the eyes of its customers. Since its establishment, the company has continuously invested in social welfare. Chairman Liao, as a core member of society, not only focuses on business operations but also emphasizes corporate social responsibility. Currently, he also serves as the Chairman of the Taipei Teacher Chang Foundation and the Vice Chairman of the Chinese Insurance Service Association, leading his company colleagues in actively embodying the spirit of “to take from the community, one must also give back to society”.
Achievements and Impact
FORESTAR Brokerage places great importance on the training of its personnel. The FORESTAR University was established to provide comprehensive training through a systematic curriculum structure comprising five colleges and three research institutes, catering to colleagues of different ranks. Apart from insurance-related content, it includes a wide range of lectures and courses covering finance, management, and operations, allowing its colleagues to continuously enrich themselves and grow during their tenure at FORESTAR Brokerage.

Despite the Taiwanese economy not meeting expected growth over the past three years due to the impact of Covid-19, FORESTAR Brokerage’s business revenue has seen substantial annual growth. In fact, the company experienced a growth rate of 12.08% in 2022 which is the result of its commitment to education and training.

Furthermore, FORESTAR Brokerage is dedicated to offering customers a comprehensive selection of insurance products and serving as the best bridge between insurance companies and clients. Currently, it represents 32 major life and property insurance companies. It strives to find the right products, tailor insurance plans to each customer’s needs, and leverage the strengths of each insurance product. At the same time, FORESTAR Brokerage can stand on the customer’s side, and objectively and fairly supervise insurance companies to ensure quality service for customers. This approach creates a win-win situation for customers, insurance companies, and insurance brokers.

Future Direction
One of humanity’s greatest driving forces is the desire to pursue their dreams, and with the collective efforts of all internal and external partners, FORESTAR Brokerage has established a strong reputation and achieved impressive performance in the market.

The success of FORESTAR Brokerage lies not only in providing a livelihood for all colleagues within the company but, more importantly, in enabling each individual to flourish. Therefore, all members of FORESTAR Brokerage can only continue to surpass their personal limits, surpass its current operations of human resources and performance each year, and continually improve policy retention rates in terms of policy quality. Additionally, in terms of corporate governance, the company intends to strengthen its core functions, thereby, elevating the company’s value.

With a focus on the Taiwanese market and an eye on both sides of the strait as its development goals, FORESTAR Brokerage has become an international brand brokerage company. It will uphold the principle of striving and growing together with Taiwan’s financial and insurance industry, continuously benefitting all customers, insurance companies, and insurance brokers. FORESTAR Brokerage will do its utmost to fulfill its mission as a global citizen to give back to society.